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Select stocks gain on F&O inclusion

United Spirits, KPIT Techno, Tata Elxsi and Cummins India were trading higher, while PC Jeweller, Indo Count and Granules India trading lower on the NSE.

Select stocks gain on F&O inclusion
SI Reporter Mumbai
Last Updated : Feb 26 2016 | 10:31 AM IST
Shares of four out of seven companies that are included in the futures and options (F&O) segment with effect from today, were trading higher on the bourses.

United Spirits (Rs 2,751) and KPIT Technologies (Rs 132) were up 4% each, Tata Elxsi (Rs 1,782) and Cummins India (Rs 843) were up less than 1% each on the National Stock Exchange (NSE).

PC Jeweller dipped 8% to 343, while Indo Count Industries down 4% at Rs 815 and Granules India by 1% at Rs 108 at 09:51 AM. Nifty 50 index was up less than 1% at 7,018 points.

Most of the stocks have pared their early morning gains.

Stocks of the F&O segment do not attract circuit filters and generally see improvement in liquidity and participation from institutional investors.
 

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First Published: Feb 26 2016 | 9:55 AM IST

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